COSTELLO: I want to talk about the unemployment rate in America.ABBOTT: Good Subject. Terrible Times. It's 5%.C: That many people are out of work?A: No, that's 14.7%.C: You just said 5 percentA: 5% Unemployed.C: Right 5% out of work.A: No, that's 14.7%.C: Okay, so it's 14.7% unemployed.A: No, that's 5%.C: WAIT A MINUTE. Is it 5% or 14.7%?A: 5% are unemployed. 14.7% are out of work.C: If you are out of work you are unemployed.A: No, Congress said you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed.C: BUT THEY ARE OUT OF WORK!!!A: No, you miss his point.C: What point?A: Someone who doesn't look for work can't be counted with those who look for work. It wouldn't be fair.C: To whom?A: The unemployed.C: But ALL of them are out of work.A: No, the unemployed are actively looking for work.Those who are out of work gave up looking & if u give up, u are not unemployed.C: So if you're off the unemployment rolls that would count as less unemployment?A: Unemployment would go down. Absolutely!C: The unemployment just goes down because you don't look for work?A: Absolutely it drops. That's how they get it to 5%. Otherwise it would be 14.7%.Our govt. doesn't want you to read about 14.7% unemployment.C: That would be tough on those running for reelection.A: Absolutely!C: Wait, I got a question for you.That means there are two ways to bring down the unemployment number?A: Two ways is correct.C: Unemployment can go down if someone gets a job?A: Correct.C: And unemployment can also go down if you stop seking a job?A: Bingo.C: So there are two ways to cut unemployment. The easy one is people stop job hunting.A: Now you're thinking like an Economist.C: I don't even know what I just said!A: Now you're thinking like Congress.